|
08-19-2010, 05:28 PM | #1 |
Drives: 07 Yaris 4DR Join Date: Jun 2009
Location: Toronto, Ontario
Posts: 99
|
First time selling car (Ontario): tips/what to watch out for?
I'll be selling the Echo next month. It'll be my first time selling a vehicle so I'm looking for people to chime in on what to watch out for and tips on getting the most money.
|
08-19-2010, 09:10 PM | #2 |
1NZ-6spd
Drives: '05 6-Spd Vitz RS Join Date: Oct 2008
Location: Oshawa, Ontario, Canada
Posts: 2,966
|
I take it you selling privately?
|
08-19-2010, 11:45 PM | #3 |
Drives: 07 Yaris 4DR Join Date: Jun 2009
Location: Toronto, Ontario
Posts: 99
|
Yeah. You recommend any shops that do safety and e-test? Or can I just go to any?
|
08-20-2010, 09:12 AM | #4 |
1NZ-6spd
Drives: '05 6-Spd Vitz RS Join Date: Oct 2008
Location: Oshawa, Ontario, Canada
Posts: 2,966
|
Don't get it safetied until you have a deposit on the car. The safety is only good for so long. And unless you needed an e-test this year for your sticker you shouldn't need to do that. You can get a "Used Car Package" from the ministry of transport. All it does it tells the potential buyer what's still owing on the car and how many owners the car's had.
Other than that, all you do once you have full payment is sign over the transfer portion of the ownership and the car has been sold. You'll then get a letter in the mail from the ministry asking how much you sold the car for. Because the new owner has to pay taxes on the price paid when they register it. |
08-20-2010, 02:38 PM | #5 |
Drives: 07 Yaris 4DR Join Date: Jun 2009
Location: Toronto, Ontario
Posts: 99
|
Sweet. Another thing I'm worried about is fraudulent payments. I assume I should just do cash or certified cheque with him at his bank?
|
08-20-2010, 09:10 PM | #6 |
Drives: '07 Yaris, '12 GLI Join Date: May 2007
Location: Ottawa
Posts: 100
|
Affirmative, cash if you're comfortable with it, or certified funds.
|
08-20-2010, 11:40 PM | #7 |
1NZ-6spd
Drives: '05 6-Spd Vitz RS Join Date: Oct 2008
Location: Oshawa, Ontario, Canada
Posts: 2,966
|
I think you can also do email money transfers now for a flat rate fee. I'm not totally sure though, I've never done one.
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Get your post counts here! *read 1st post for rules* | Astroman | Off-topic / Other Cars / Everything else Discussions | 3414 | 11-04-2012 09:03 AM |
Tata Motors to introduce Air Car - Is it the next big thing? | *MAD DOG* | Off-topic / Other Cars / Everything else Discussions | 24 | 09-29-2010 11:42 AM |
Yaris In Forza 3 | whooppee777 | Off-topic / Other Cars / Everything else Discussions | 61 | 04-03-2010 04:36 PM |
All Time Favorite Classic Car | YarisOwnersDad | Off-topic / Other Cars / Everything else Discussions | 32 | 05-05-2009 02:13 PM |
New car shopping - long post | littlecarlove | General Yaris / Vitz Discussion | 19 | 11-01-2006 10:58 PM |